Head to Head Review: MillerKnoll (NASDAQ:MLKN) & Openlane (NYSE:OPLN)

MillerKnoll (NASDAQ:MLKN) and Openlane (NYSE:OPLN) are both industrials companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, analyst recommendations, institutional ownership, risk, earnings, valuation and dividends.

Volatility & Risk

MillerKnoll has a beta of 1.36, suggesting that its stock price is 36% more volatile than the S&P 500. Comparatively, Openlane has a beta of 1.28, suggesting that its stock price is 28% more volatile than the S&P 500.

Valuation & Earnings

This table compares MillerKnoll and Openlane”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
MillerKnoll	$3.81 billion	0.41	$91.50 million	$1.41	15.91
Openlane	$2.08 billion	2.34	$177.70 million	($0.85)	-46.49

Openlane has lower revenue, but higher earnings than MillerKnoll. Openlane is trading at a lower price-to-earnings ratio than MillerKnoll, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares MillerKnoll and Openlane’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
MillerKnoll	2.57%	10.10%	3.39%
Openlane	9.67%	12.81%	3.62%

Insider and Institutional Ownership

87.5% of MillerKnoll shares are owned by institutional investors. Comparatively, 99.8% of Openlane shares are owned by institutional investors. 5.5% of MillerKnoll shares are owned by insiders. Comparatively, 2.2% of Openlane shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of current recommendations and price targets for MillerKnoll and Openlane, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MillerKnoll	0	2	1	1	2.75
Openlane	0	3	4	0	2.57

Openlane has a consensus price target of $43.83, suggesting a potential upside of 10.92%. Given Openlane’s higher probable upside, analysts clearly believe Openlane is more favorable than MillerKnoll.

Summary

Openlane beats MillerKnoll on 8 of the 15 factors compared between the two stocks.

About MillerKnoll

MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions. It offers its products under the MillerKnoll, Herman Miller, Herman Miller Circled Symbolic M, Knoll, Maharam, Geiger, Design Within Reach, DWR, HAY, NaughtOne, Nemschoff, Aeron, Mirra, Embody, Setu, Sayl, Cosm, Caper, Eames, Knoll, KnollExtra, Knoll Luxe, KnollStudio, KnollTextiles, Edelman Leather, Spinneybeck Leather, Generation by Knoll, Regeneration by Knoll, MultiGeneration by Knoll, Remix, Holly Hunt, Vladimir Kagan, Muuto, Barcelona, and Womb names. The company offers its products through independent contract furniture dealers, direct contract sales, e-commerce websites, and wholesale and retail stores. Its products are used in institutional, health/science, and residential and other environments, and industrial and educational settings, as well as transportation terminals. The company was formerly known as Herman Miller, Inc. and changed its name to MillerKnoll, Inc. in November 2021. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan.

About Openlane

OPENLANE Inc. provides sellers and buyers across the wholesale used vehicle industry with technology-driven remarketing solutions. The company’s end-to-end platform supports whole car, financing, logistics and other ancillary and related services. OPENLANE Inc., formerly known as KAR Auction Services Inc., is based in CARMEL, Ind.